- Filing for bankruptcy is expensive. When people file for bankruptcy, they will have to pay filing fees and also fees for credit counseling and debtor education. If they hired an attorney, they will have to pay their lawyer’s fees. While this may seem quite costly at first, it is actually very affordable. In fact, the average cost of filing for bankruptcy in the United States is $1,500, which is extremely reasonable.
- I can stop paying child support after I file for bankruptcy. This belief is not true. After people file for bankruptcy, only certain debts are discharged and these debts do not include child support payments. People who file for bankruptcy will still be responsible for any child support they owe.
- Bankruptcies stay on credit reports forever. This is completely false. A bankruptcy appears on a person’s credit report for 7 to 10 years. After that time period has passed, the bankruptcy is removed from the report and the person’s credit score will most likely increase.
- Bankruptcy is very complicated. Yes, filing for bankruptcy can be frightening and confusing, but it does not have to be complicated. When people work with a bankruptcy attorney, like the attorneys at The Prescott Bankruptcy Law Firm they often find that the bankruptcy process is quite simple and uncomplicated.
- Filing for bankruptcy is the best way to stop creditor harassment. If you are being harassed by your creditors, bankruptcy isn’t always the best way to stop this unlawful behavior. You have rights under the FDCPA that protect you from creditor harassment. This means you do not have to file for bankruptcy to stop creditors from calling you. Instead, you should work with a creditor harassment lawyer who can confront your creditors and put an immediate end to their inappropriate collection practices.
PAID ATTORNEY ADVERTISEMENT: This Web site is a group advertisement. It is not a lawyer referral service or prepaid legal services plan. The information on this website is not legal advice. This website is not a law firm. The sole basis for the inclusion of the participating lawyers or law firms is the payment of a fee for marketing services and business development as allowed by ethical rules. This website does not endorse or recommend any lawyer or law firm. It does not make any representation and has not made any judgment as to the qualifications, expertise or credentials of any lawyer. Any information provided to this website may not be protected by attorney-client privilege. All photos are of models and do not depict clients. All client consultations, case evaluations and legal advice are performed and provided by attorneys as required by ethical rules. An attorney responsible for the content of this site is Erik Severino, licensed in Nevada, 5836 S. Pecos Rd, Suite D-101, Las Vegas, Nevada 89120. An Arizona attorney responsible for this advertisement is Kirk Guinn, 3707 E. Southern Ave., Suite 1070, Mesa, AZ 85206. By an Act of Congress and the President of the United States, we are a federal Debt Relief Agency. Attorneys and/or law firms promoted through this Web site may also federally designated Debt Relief Agencies. They help people file for relief under the U.S. Bankruptcy Code. Disclosures required under the U.S. Bankruptcy Code.
